Dennis Albaugh Net Worth is$1.5 Billion
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What is Dennis Albaughs net worth? Dennis Albaughs net worth is $1.5 billion dollars. Dennis Albaugh is the richest person in Iowa. Born in Ankeny, Iowa, Dennis Albaugh had zero interest in joining his familys farm business, and instead went to Des Moines Area Community College to focus on agricultural business. After graduating, he focused on fertilizer and seed sales, traveling all over the country for seven years. In 1979, he left sales to focus on opening his own company, Albaugh, Inc., with a focus on fertilizer. After mortgaging his house, he set out to build a client base. His inaugural year was a complete disaster, and he struggled throughout the early 80s, just barely breaking even. In the late 80s, he began selling glyphosate, the primary ingredient in the herbicide, Roundup, made by Monsanto. When the patent for the chemical ended in the US, he bought factories in Argentina and Brazil to continue manufacturing it. His business has continued to expand, and he is also developing farmland in his home state.

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Dennis Albaugh Latest News

Romans, Loutsch unfazed by downgraded status for G2 Blue Grass Stakes

said Jason Loutsch, co-owner and manager for father-in-law Dennis Albaugh’s racing and breeding operation. “I just don’t get it. It was frustrating. I disagree. The Wood Memorial (in New York Saturday, now also a Grade 2) is the same thing.
Posted: April 7, 2017, 4:20 am

Breeders' Cup Juvenile: Romans, Albaugh due for a win

ELMONT, N.Y. – In 2015, trainer Dale Romans and owner Dennis Albaugh finished third in the Breeders’ Cup Juvenile with Brody’s Cause. Last year, that same trainer-owner combination finished second in the Juvenile with Not This Time.
Posted: September 20, 2017, 8:45 pm

KENTUCKY DERBY: J Boys Echo keeps team on track to Derby

LOUISVILLE — The past six months have been a roller-coaster journey for trainer Dale Romans and the Albaugh Family Stable partnership of Dennis Albaugh and ... s hopes of returning to the Kentucky Derby, J Boys Echo finished third in the Withers Stakes ...
Posted: May 2, 2017, 3:44 am
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